Screwing wall street

caption Apple has a problem in India. source Reuters Apple has failed to crack the Indian smartphone market, languishing behind Chinese brands with less than a 2% share of the market. During a family visit to India, I noticed Apple doesn’t have much retail or advertising presence and that it mostly advertises the “cheaper” iPhone XR. The iPhone XR is still too expensive for most Indians, and iPhones overall cost more to buy in India than in other countries. CEO Tim Cook seems to be trying to replicate Apple’s Chinese strategy in India, which has a completely different economic landscape. Apple seems unwilling to offer a range of phones at different prices to appeal to a wider audience, and it’s lost the world’s second-biggest market as a result. Apple is going very wrong in India. In the UK, the iPhone has around 50% market share and Apple is a household name in the West. Not so in … [Read more...] about A short trip to India showed me just how badly Apple is screwing up in the world’s biggest democracy

By Candice Choi The Associated Press Mon., July 30, 2018 NEW YORK—McDonald’s is fighting to hold onto customers as the Big Mac turns 50, but it’s not messing with the makings of its most famous burger. The company is celebrating the 1968 national launch of the double-decker sandwich whose ingredients of “two all-beef patties, special sauce, lettuce, cheese, pickles, onions and a sesame seed bun” were seared into people’s memories by a TV jingle. But the milestone comes as the company reduces its number of U.S. stores. McDonald’s said recently that customers are visiting less often. Other more trendy burger options are reaching into the U.S. heartland. The Golden Arches still have a massive global reach, and the McDonald’s brand of cheeseburgers, chicken nuggets and french fries remains recognizable around the world. But on its critical home turf, the company is toiling to stay relevant. Kale now appears in salads, … [Read more...] about 50 years on, McDonald’s isn’t messing with its Big Mac

caption Bethenny Frankel is the founder and CEO of Skinnygirl brands. She sold her liquor line in 2011 for $100 million. source Jamie Cody Bethenny Frankel is the CEO of Skinnygirl, a brand empire she built through her role on the reality show “Real Housewives of New York.” In 2011 Frankel sold her line of cocktails for a reported $100 million. Frankel explained how a difficult childhood and a lack of money for much of her career influenced the way she approached entrepreneurship and business opportunities. You may know Bethenny Frankel from her lead role on “The Real Housewives of New York City,” but don’t dismiss her as simply a reality-TV star. “I didn’t want to be on the show,” she told Business Insider for our podcast “Success! How I Did It.” “I thought it was going to be a bunch of drunk people acting crazy and a disaster. It was, and I ended up making money off of that, those drunk … [Read more...] about Skinnygirl CEO Bethenny Frankel explains how she used ‘Real Housewives’ to build a brand worth $100 million

caption GOAT cofounder and CEO Eddy Lu only found success after years of persistence through failure and frustration. source Hollis Johnson/Business Insider GOAT is the world’s largest resale marketplace for high-end sneakers, and is valued at $250 million. Its cofounder and CEO Eddy Lu spent more than 10 years creating and leading failed startups and business projects before achieving success. He credits struggles – and even fights – with his cofounder Daishin Sugano in their early days of working together to their current efficient workflow and mutual understanding. For more than a decade, Eddy Lu tried to find the next big thing: 99-cent smartphone apps, golf apparel, Japanese desserts. They all flopped, but he wasn’t headed back to the Wall Street world he left. Then he got into high-end sneakers with an online marketplace called GOAT – as in “Greatest of All … [Read more...] about The CEO of the world’s biggest sneaker marketplace explains how a string of failed startups led to one worth $250 million

By Shinan Govani Star Columnist Fri., June 1, 2018 You guys can keep all your superheroes. There is a scene about halfway through the first season of the shrewd, new show Succession — one involving a boardroom meeting — that is more nail-biting and tension-screwing than really any action scene you’re gonna find in Marvel or DC. Flowing from a nettlesome sequence of events involving an “air space on lockdown” — something that even the richest of the richest, sadly, cannot control — and the quotidian whims of a speaker phone (who doesn’t hate a conference call?) the passage is probably one of the most exciting things you’re likely to see on the screen, big or small, in 2018. HBO’s new prestige series (starting Sunday, June 3 at 10 p.m.), follows the ups and downs (mostly downs) of a family-owned media conglomerate that is 100 per cent, positively not based on the Murdoch family — or so goes the … [Read more...] about Succession’s psycho-warfare rivals any superhero show